Holiday sales edge higher on deep discounts amid weak apparel demand
U.S. holiday shopping may beat forecasts as deeper, longer-running discounts lure shoppers. Electronics and home improvement retailers stand to gain from last-minute trips before Christmas, while apparel is set for a weak season. Momentum builds toward a peak on Super Saturday as unemployment falls and wages rise with early December spending data supportive.
MENTIONED IN THIS ARTICLE
U.S
Best Buy
Home Depot
Lowe’s
IHS
Chris Christopher
Christopher
ICSC
Goldman Sachs Index
ShopperTrak
Oil slips again as Brent tops $60 in rout rebound ends
Global crude prices fell for a fourth straight session after a brief rally. Brent cooled to about $59.27, and U.S. crude finished near $54.11 as traders fretted a wider six month decline on oversupply and position squaring ahead of January expiry. Analysts cautioned that further losses could come before year end.
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Brent
U.S
Bloomberg
Lagos
Chandravir Ahuja
Kolmar Americas
Bridgeport
Connecticut
Farmland values in Iowa fall 2018 survey shows drop
Iowa land values slide with average acre at 7,943 dollars, down 773 or 8.9 percent from the prior year. Scott County remains highest at 11,618 per acre though down 795, while southwest Iowa records the sharpest regional drop. Southeast Iowa shows a 3.2 percent uptick.
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Iowa
Center For Agricultural and Rural Development
Iowa State University
Mike Duffy
ISU
Duffy
Scott County
Mississippi
Federal Reserve Bank of Chicago
Realtors Land Institute
Winnebago Profit Dips On Labor Costs And Supply Delays
Winnebago Industries reported a first quarter profit of 9.9 million or 37 cents a share, below last year’s 11.1 million and short of estimates. Sales rose 1 percent to 224.4 million as a worker shortage at the Forest City motorhome plant and sourcing delays pushed up variable costs and trimmed margins. Shipments to dealers climbed 1.3 percent for motorhomes and towables rose nearly 13 percent.
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Winnebago Industries Inc
Iowa
Forest City
Thomson Reuters
Winnebago
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Vinton
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George.ford
Thegazette
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van Punch
Des Moines
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